Peseta - Banknotes

Banknotes

In 1874, the Banco de España introduced notes for 25, 50, 100, 500 and 1,000 pesetas. Except for the 250 pesetas notes only issued in 1878, the denominations produced by the Banco de España did not change until the Civil War, when both the Republicans and Nationalists issued Banco de España notes.

In 1936, the Republicans issued 5 and 10 pesetas notes. The Ministry of Finance (Ministerio de Hacienda) introduced notes for 50 céntimos, 1 and 2 pesetas in 1938, as well as issuing stamp money (consisting of postage or revenue stamps affixed to cardboard disks) in denominations of 5, 10, 15, 20, 25, 30, 40, 45, 50 and 60 céntimos.

The first Nationalist Banco de España issues were made in 1936, in denominations of 5, 10, 25, 50, 100, 500 and 1,000 pesetas. 1 and 2 pesetas notes were added in 1937. From the mid-1940s, denominations issued were 1, 5, 25, 50, 100, 500 and 1,000 pesetas. The 1, 5, 25 and 50 pesetas were all replaced by coins by the late 1950s.

In 1978, 5,000 pesetas notes were introduced. The 100 pesetas note was replaced by a coin in 1982, with 1,000 pesetas notes introduced in 1983, 200 pesetas in 1984 and 10,000 pesetas in 1987. The 200 and 500 pesetas notes were replaced by coins in 1986 and 1987.

The penultimate series of banknotes was introduced between 1982 and 1987 and remained legal tender until the introduction of the euro.

Value € equiv. Dimensions Colour Portrait
200 ₧ 1.20 120 × 65 mm Orange Leopoldo Alas
500 ₧ 3.01 129 × 70 mm Dark blue Rosalía de Castro
1 000 ₧ 6.01 138 × 75 mm Green Benito Pérez Galdós
2 000 ₧ 12.02 147 × 80 mm Red Juan Ramón Jiménez
5 000 ₧ 30.05 156 × 85 mm Brown Juan Carlos I of Spain
10 000 ₧ 60.10 165 × 85 mm Gray Juan Carlos I of Spain and Felipe, Prince of Asturias

The last banknotes series (1992) was:

Value € equiv. Dimensions Colour Portrait
1 000 ₧ 6.01 130 × 65 mm Green Hernán Cortés and Francisco Pizarro
2 000 ₧ 12.02 138 × 68 mm Red José Celestino Mutis
5 000 ₧ 30.05 146 × 71 mm Brown Christopher Columbus
10 000 ₧ 60.10 154 × 74 mm Gray Juan Carlos I of Spain and Jorge Juan y Santacilia

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